AI is in new territory that demands we be both "brave" and responsible about analyzing its benefits and risks before any release, the CEO and co-founder of one of the world's AI powerhousestold Axios. "Every time."
Why it matters: Demis Hassabis helms DeepMind, the leading AI lab that advanced a technique underpinning much of the field's recent progress and driving ChatGPT and other generative AI tools that are saturating headlines.
The addition of 15 classic Game Boy and Game Boy Advance games to the Nintendo Switch last month will be deeply offset by the removal of 155 titles for those platforms from the online marketplace for two outgoing Nintendo platforms this month, according to an Axios check of the systems' online stores.
Why it matters: Nintendo's back catalog, comprising scores of Mario, Zelda and Pokémon titles, is beloved by millions of players, but the company makes it challenging for users to purchase and play those games on recent hardware.
Online counseling service BetterHelp will be banned from sharing consumer health data for advertising purposes and fined $7.8 million under a proposed Federal Trade Commission order issued Thursday.
Driving the news: The FTC issued the proposed order after alleging BetterHelp revealed sensitive consumer data to third parties like Facebook and Snapchat, after pledging to keep such information private.
Kinship Ventures is raising $75 million for its debut fund, Axios has learned.
What to know: Kinship is led by Gwyneth Paltrow, an actress who also founded lifystyle brand Goop, and Moj Mahdara, a longtime beauty industry entrepreneur and investor known for founding the Beautycon event.
Major video game companies have been insufficiently forthcoming about responding to a reported rise in white supremacy and other extremism in online games, the office of Rep. Lori Trahan (D-Mass.) tells Axios.
Driving the news: Trahan is releasing — and criticizing — summaries of responses from 14 video game companies regarding problematic behavior in online games.
With strict limits already in place on China's access to U.S. technology, the federal government is exploring how to further tighten the vise amid growing political and economic tensions.
Between the lines: Cracking down on China has support from both parties, though there isn't always agreement on exactly which steps to take.
Fidelity Investments didn't change the carrying value of its Twitter shares during the month of January, according to a new disclosure.
Why it matters: The investment firm previously marked Twitter stock down by more than 60% during the first two reporting months after Elon Musk's $44 billion takeover, which Fidelity helped to finance.
San Francisco Bay Area startup Cana likens its beverage-making gadget to "Star Trek"'s replicator — so it's not that surprising that the firm has signed on actor Patrick Stewart (the show's Captain Picard) to be an ambassador for the company, whose first device is scheduled to ship by the end of the year.
Why it matters: Cana pitches its countertop device, which can make everything from sparkling water to teas and coffees to alcoholic beverages, as not just versatile, but also good for the planet, replacing much of the packaging and waste that accompanies most drinks consumed at home.
The pharmaceutical company Eli Lilly announced on Wednesday that it’s slashing the price of insulin and capping out-of-pocket costs for patients at $35 a month at most retail pharmacies.
Plus, the FAA investigates more near-collisions at U.S. airports.
And, TikTok sets limits for its youngest users.
Guests: Axios' Adriel Bettelheim and Alex Fitzpatrick.
Credits: Axios Today is produced by Niala Boodhoo, Alexandra Botti, Naomi Shavin, Lydia McMullen-Laird, Fonda Mwangi and Alex Sugiura. Music is composed by Evan Viola. You can reach us at [email protected]. You can text questions, comments and story ideas to Niala as a text or voice memo to 202-918-4893.
